PPRuNe Forums - View Single Post - Lufthansa board reject € 9 Bn rescue plan
Old 20th Jun 2020, 20:00
  #49 (permalink)  
sekmeth
 
Join Date: Jul 2010
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The 25th will be a huge day for LH.
A private investor has bought (at least) 15% of the stocks.
In multiple interviews he is quoted being negative about the state funding.
currently people - including the LH management - take into account that there will not be a 2/3th majority for the aid.
Consequently LH will file for bankruptcy protection..
the investor is said to gain roughly 300million euro with these actions. His gain will make in a worst case scenario over 30000 people jobless.
let’s hope for a miracle!
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